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Owner Contacts

$830,000

1745 Longacre Dr, Houston, TX, 77055

Off Market

3 Beds

2 Bath

1,850 Sq Ft

Single Family Residence

$378.38 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Range, Dishwasher

FlooringMarble, Wood

Exterior

Lot Size12,750 sqft

Building Information

Year Built1955

Stories1

Garage Spaces2

Land Information

APN0780590040014

Lot Number14

SubdivisionTimber Creek R/P

Land UseResidential

Legal DescriptionLT 14 BLK 4 TIMBER CREEK R/P

Census Tract520700

Assessed Land Value$491,400

Assessed Improvement Value$315,549

Assessment Year2025

About this property

Beautifully remodeled ranch home on an oversized lot, zoned to Valley Oaks Elementary, Spring Branch Middle and Memorial HS (buyer to verify eligibility and acceptance). Large family room open to dining area with raised ceilings and gourmet kitchen with bar seating, stainless appliances, new cabinetry, and pantry with barn door. Open the sliding glass door to huge covered patio off yard to enjoy indoor/outdoor living and entertaining. Spacious primary bedroom with remodeled en-suite bath plus two secondary bedrooms and updated hall bath. Additional upgrades include: Electrical wiring and panel, PEX piping, utility room moved inside and more. Close proximity to Dads club, Spring Valley Park, and I-10. All per seller.

Investor Tools

$830,000

Estimated Property Value

$475,000Estimated Mortgage Balance

$22,180Estimated Equity

43% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,980 /month

Positive

Cash Flow Estimate:

$1,660 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,041/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$8,347

$806,949

2025

$491,400

$315,549

$806,949

Tax History

Year

Tax Paid

Assessed Value

2024

$8,347

$806,949

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Crosscountry Mortgage Llc

Conventional

$475,000

First

Jul 5, 2023

Aug 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$809,144

N/A

97%

$5,050/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$5,050/mo

$-3,328/mo

2.5%

Learn About the Market: Opportunity in Houston

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